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and period before the new year. >> now, their warning followed a 15 minute phone call between john boehner and the president described as tense by the news team. a characterization, the speaker himself disputed. >> i remain the most optimistic person in this town, but we have serious differences. the president and i have frank conversation about just how far apart we are. >> democratic sources tell us the phone call fell apart because the latest counter proposal included an extension of tax cuts for the wealthy, a permanent extension. another that was disputed. the press secretary reiterated that is a non-starter for the president. >> they refused to accept the fundamental fact that higher income americans, millionaires and the billionaires, the top two% are not going to have tax cuts extended. the president made that clear. >> now with negotiations stuck dare we say in neutral, a new poll gauges the reaction of the american people who could all be of course looking at a higher tax bill. the abc "washington post" poll shows 47% of people approve of the president's handling of talks and 48%
drama as it unfolds on capitol hill. house speaker john boehner moments ago seeing serious differences still exist between house republicans and the president when it comes to the debt talks. >> presidents get elected to lead. the president talked about a balanced approach. we've brought a balanced approach. but i've said this and you've all heard me say it and i will say it one more time. we are going to begin to solve our debt problem. >> so describing the situation as one step forward, two steps back. today boehner said tuesday's phone call with the president was open and honest. however, that call only lasted 15 minutes, something the speaker himself this morning called deliberate, one of the steps back. yesterday's dueling counteroffers which got the president and congress nowhere closer to a deal. 20 days, that's it from the brink and the fiscal cliff is coming quickly at us. it's doing definite damage to boehner's brand. a new "washington post"/abc poll showing voters overwhelmingly disapprove of boehner's handling of the fiscal talks. it's an even split on the presi
: thank you, sandra smith. connell: we are waiting to hear from the speaker of the house, john boehner. dagen: stay right here on fox business and you will hear the speaker speak coming right up. ♪ dennis: i am dennis kneale. cheryl: i am cheryl casone. breaking news at the top of the hour. we are moments away from tree to be event, up 109 points. john boehner taking fiscal cliff talks and that is raising hopes among traders. cheryl: we are going to take a look at what is beyond the fiscal cliff even of washington save the country from going over that cliff we have a stock panel that has lots of worries and a bit of hope that. dennis: which makes some buzz codes when the dow is up 111. michigan's capital and besieged as protests over the right to work legislation has taken an ugly turn. we are live. cheryl: never know what is going to happen with jeff flock covering that story. we're coming up on the top of the hour. stocks every 15 minutes and nicole petallides on the floor of the stock exchange with a nice triple digit gain. nicole: what a gain on wall street. we have three straigh
for high-income individuals. >> there is big news tonight out of washington where speaker john boehner and obama are talking. this is actually not nothing, not in this town. early last week they really weren't talking, and neither were their staffs. progress on what to do about all those expiring tax cuts and schedule spending cuts and that possible recession congress might create, totally stalled. but now today they are talking, and their staffs are talking, and they're even exchanging paper, real paper. news leaked today that in the last few days, there have been new offers and new counteroffers in the negotiations. but they sound, to be honest, not that different from the old offers. reports that mr. obama has gone from $1.6 trillion in taxes to $1.4 trillion but hasn't budged much on entitlements. mr. boehner really hasn't moved on taxes at all. he is still i'm told at $800 billion, although details on his offer are sparse. earlier today i asked michael steele, john boehner's press secretary for details on the, quote, deal. i was writing quickly and meant to say offer, but i wrote
specifics, we do know the president and john boehner talked on the phone last night and that call, according to a republican familiar with it, was tense and lasted just 15 minutes. i want to bring in real clear politics reporter aaron mcpike and david hawkings, editor of the cq roll call daily briefing. good morning. so president obama sat down with barbara walters last night. here's what he said. >> most important thing we can do is make sure the middle class taxes do not go up on january 1st and i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> so he's confident. is it almost a foregone conclusion, do you think, david, that this is going to be the first piece of the puzzle that falls into place? >> i'm pretty confident that that's going to have to be the first piece of the puzzle that falls into place. but i think it's going to take until the very last second for the pieces to fall. >> why? >> why. because -- that's a great question. because both sides, it's in both sides' best interests to make this l
boehner dumping uncontrollable right wingers from prize committee assignments. they're out because they're too right. so what is too right for the republicans following the defeat this week or their defeat last month? is voting nay in the senate against a handicap rights treaty because it carries the nightmare dread of blue helmets riding black helicopters sweeping into your home school room. is that okay? what's out? what's in in the republican party that just took a licking? bob shrum is a democratic strategist and columnist at the daily beast, and john brabender ran rick santorum's presidential campaign. i expect you gentleman to play fair and aim directly below the belt. just kidding, bob. i want to ask you as a liberal, a progressive, looking across at the right you see jim demint, a guy the late tim russert once said i can't believe jim demint is a senator. he is the leader, the ramrod of all those right wing challenges. he put up ron johnson to beat mitch mcconnell because he's too liberal. he's leaving, quitting his senate seat, giving it up, to run the heritage foundation. we h
boehner did not go well. i'm wolf blitzer. you're in "the situation room." >>> we begin with today's long-range rocket launch that's managed to put a satellite in earth's orbit. here's why it is important to all of us. even though north korea is one of the poorest countries and many people are starving there, the korean peninsula is the most tense, most dangerous places on earth. there are roughly one million north korean troops on it is side of the militarize zone separating from south korea. as well as nearly 30,000 u.s. forces. not only are they within strikes distance of the launch site, a long-range rocket shows north korea is on its way to developing technology to launch a rocket at the united states's west coast and hawaii. officials tell cnn that the working assumption is that the north koreans got outside help from others, including iran. so today's launch is raising some huge concerns. let's go to our pentagon correspondent barbara starr. i assume they are pretty surprised and alarmed by the successful launch over at the pentagon? >> look, wolf, because of everything you just me
to averting the fiscal cliff. president obama telephoned house speaker john boehner tuesday afternoon.rnoo sources describe the exchange as tense. at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all
. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter shannon travis joins us now live from washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are
with house speaker boehner for the first time in more than three weeks. the house is still refuseing to pass obama's tax plan much less agree to other policies. josh earnest is not giving any details into yesterday's. some republicans are coming around on improving higher tax rates for the wealthy. bob corker said on fox news sunday, obama does have the upper hand on taxes. oklahoma representative tom cole said on cnn's state of a union if brought to a vote they would pass the house. that goes against speaker boehner's tone who seems to believe obama's plan would not be able to pass both chambers of congress. as far as what americans think of the president right now that is pretty evenly split. the new politico battleground poll just out today has his approval rating at 50%. more than billcat bill press" is coming up after our break. join us in the chat room at current.com/billpress. see you there. viewer for capella university. matter. >> i work with adults with developmental disabilities. growing up i had a single mother of four and people in the community
news alert, we are moments away right now from a news conference from house speaker john boehner speaking immediately following a closed door meeting with top republicans, and guest what they are talking about, the fiscal cliff, are we getting closer? is there movement in the negotiations? there seems to be signs of that. that's how we get started in the brand-new hour of "america's newsroom" on wednesday. i'm martha maccallum. bill: i'm bill hemmer. today's remarks come a day after a speech on the floor of the house. here is some of what the speaker had to say about where we are in his view at the moment. >> we are still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets to the fiscal cliff. martha: so what is really going on in this negotiating right now? where are both sides? the white house continues to insist that it is republicans who have yet to
of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that americans blame republicans if a deal doesn't go through. new polling shows amer
john boehner trying to negotiate a deal to keep the u.s. from going over the so-called fiscal cliff. house republicans meeting right now and we expect to hear from the house speaker at the top of the hour. dana bash, capitol hill, following the negotiations. how many times have i said fiscal cliff over the past couple months, i can't even, if i had a nickel for every time i'd be a wealthy man. >> we'd be able to avert the fiscal cliff. >> exactly, very good, so much more clever and quicker than i am. dana good morning. the president and the house speaker offered new proposals. what do you know about them, if anything? >> reporter: you know, they're being very, very careful, they're holding their cards close to the vest, which i think you know as a reporter is frustrating but as somebody who certainly wants to get, to see this solved, that that is a completely nonpart son thing to say. it maybe is a good sign, because both sides are being very careful not to let the cat out of the bag on some of the specifics because they don't want the process to blow up even before it really starts
progress in the fiscal cliff standoff. officials say president obama and the house speaker john boehner talked by phone tonight after each put new offers on the table. we are live in d.c. with the late breaking details on that. plus, we're getting more new reports from portland, oregon where there has been a series of shootings at the clackman's center mall. we can now report that multiple witnesses are saying to multiple television stations that a gunman had a rifle that more than 60 shots were fired and this is new. he was trussed in camo and wearing a mask and to the best of our knowledge, he is still in there somewhere. continuing breaking news coverage after this. ory keeps c. ory keeps c. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana n
. >> that's what john boehner would say. a lot of entertainers there last night, stars to entertain the crowd including jason moraz with the traditional ♪ nights and roses. ♪ come fee and cozy are we ♪ >> a little elevator music. >> that's exactly what it is. it's amazing how will big this event is. >> it's huge. >> huge lottery to get the tickets to attend it. >> it's a ticketed event. the lines spaishth are snaking all the way around the white houseapparently are snaking all the way around the white house because they have to get in there and go through security and that kind of stuff. it's a big festive night. >> at my house, zero christmas decorations. we are not even putting up a tree this year. >> not putting up a tree? >> that's right. we are leaving. we are leaving town in a couple of weeks or a week and a half before christmas. we are not going to be here for christmas. >> that's fair. >> that's fair. >> we just said, why are we going to put up a tree? we put up a fake tree, never get a real tree. and no tree, no decorations, no nothin
come next year. president obama and house speaker john boehner spoke about the stalemate by phone last night. mr. obama has cut his demand for new revenue from tax hikes but continues to insist on higher taxes for the wealthy. boehner's counter offer was almost what republicans have been offering all along, $800 billion in tax revenues, none of them generated by higher tax rates. that stalemate is causing irritation for the senate female members. starting in january, there will be 20 of them, a new record. and they told diane sawyer if they were in charge, well, a deal would already be done. >> what i find is with all due deference to our male colleagues that women's styles tend to be more collaborative. >> i think by nature, we are less confrontational and more collaborative. and having us in the room, and i think all of us, not only do we want to work in a bipartisan way, we do it. >> certainly a turning point now for the senate in the chamber next year. it will be the first-ever females from the states of massachusetts and nebraska, as well as the first asian-american woman and the
speaker boehner the ongoing fiscal cliff debate. 49% approve of mr. obama's handling of the talks, 25% sue sort boehner. president obama is planning a conference call -- today with mayors and community leaders to push for his plans. the president spoke with boehner by phone yesterday about preventing an income tax increase on middle class families while finding ways to reduce the deficit. >>> pope is blessing his twitter followers in his first tweet. he sent out this tweet after 2:30 this morning: [ unintelligible ] here's video of the pope sending that tweet from vatican city he use add ipad. he has several accounts each in a different language. >>> google co-fonder larry page and his wife lucy want to make sure -- every child in the bay area who needs a flu shot gets one for free. the foundation is funding a month long program offering kids 4 to 18 the vaccine at no cost it is available now at most target pharmacies. younger children will require a booster shot, those will be free as well. show up, fill out paperwork and the kids get their shot. the program runs through december 31st. >>
that fiscal cliff. he spoke with boehner by phone again yesterday about preventing an income tax increase on middle class families while finding ways to reduce the deficit. economists say if the deadline passes without a deal the tax cuts could be repealed. new poll shows the president holding a substantial advantage over boehner handling the budget negotiations. 49% approve of mr. obama's handling of the talks, 25% support boehner. >>> 49ers fans who attend games at the new facility can expect a state-of-the-art stadium the team has announced a deal with sonny to pack the site with game-changing technology. fans will watch replays on l.e.d. monitors, 2500 throughout the facility offering resolution four times higher than standard hd, no need for a monitor in the back of every seat. you can use your cell phone to order food and have it delivered to your seat. >>> developer of two san francisco residental projects secured millions in funding to move forward. bloomberg is reporting one of the largest u.s. home builders has lined up 1.7 billion dollar loan from china development bank. plans
and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, we're still in the fairly early stage of posturing here, and nobody can strike a deal until they get closer to it, until their feet are to the fire. >> when do you say the fire begins? >> nobody can make any prediction for sure -- >> try. >> they could hammer this out in three hours if they really wanted to. >> that's right. >> but if they don't wait until the very end of december or even go over the cliff -- >> i think it's 21. i'm going to bet on -- what's your hunch about this, ron reagan? you're here -- i think they're going to try to get it done by christmas just for efficiency's sake and not to scare the horses. that's the thought i have. i may be conservative about this. >> yeah, i think you're right, they'd like to, but i'm not sure they can get it done before christmas, maybe befor
: that was the president talking about whether or not he has sat down with house speaker john boehner, saying you don't need to sit in a room to get it done. mitch mcconnell in the papers this morning reportedly saying there are no formal talks haven't. those talks continue behind-the- scenes. the washington post this morning reports in a news conference last month obama suggested he might let the top rate rise to levels somewhat lower than a 39.6%. that's the washington post this morning. below that, governors say the fiscal cliff would hurt their states' economies. several governors met at the white house yesterday and with political leaders to say something needs to be done or their economies and on the state level will be heard. -- be hurt. let's go to walter in new jersey, independent caller. good morning. caller: good morning. i don't know what's wrong with these people, because they have to come to some kind of agreement. the gop has to give ground, taxes wouldybody's go up just to save 2%. it just does not cut it. it is a bad move politically and bad for the country. host: polloi in johnsonvi
. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer confidence. >> the specifics of the deal are not as important to us as getting a deal. >> now, in that abc news interview with barbara walters, the president said he thinks the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss
's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s unearthed some surprising new details here about the speaker's latest offer to the president. dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times, but the democrats at the white house felt that to put the word permanent in a republican offer made clear according to the source i talked to that it was -- that they just don't understand what needs to be done to get something to pass the senate and the hou
or public sector workers to pay dues. >>> just about 20 minutes ago, house speaker john boehner talked about a private phone conversation he had with president obama last night about that fiscal cliff situation. >> there were some offers that were exchanged back and forth yesterday. you know, the president and i had a pretty frank conversation about just how far apart we are. >> now, coming up for you at 7:45, political analysts jamie dupree will tell us about the two words we are not hearing in the fiscal cliff negotiations. >>> 7:36. software company founder john mcafee could soon return to the united states. his attorney says a guatemala judge has ruled that mcafee adetention in that country is illegal and he could be released as soon as today. mcafee was detained in guatemala last week after entering the country illegally to avoid police in belize who wanted to question mack afy about the fatal shooting of his neighbor. mca -- mcafee has said he wishes to return to the u.s. so he can live in peace. >>> continuing coverage on the shooting in portland, oregon. here's more. >> reporter: goo
'll tell you why, straight ahead. >>> also ahead on "starting point," president obama and speaker boehner talk on the phone about the fiscal cliff. but will they be meeting face to face and will they get anything done before it's too late? up next, oregon senator jeff merkley. he's a member of the budget committee. >>> and kobe bryant joins an elite club with basketball greats like michael jordan and kareem abdul-jabbar. his impressive feat, we'll tell you all about it. >> the greatest player in the history of the los angeles lakers. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated su
between speaker boehner and the president. when you compare it to tip o'neill and ronald reagan or newt gingrich in the second term of bill clinton. both told me, clinton and gingrich, they would get in a room, throw out the advisers and thrash out a deal. >> maybe they began that an sunday. i have the feeling that if you really left it to the president and the speaker, obama and boehner, they could work it out. they got forces behind both that will try to separate them, but that's where their leadership comes into play. look, this country -- i'd rather be an american economically poised for the future than a citizen of any other country in the world. what's standing in the way of us really surging economically is the government, and if we can get together and adopt a bipartisan long-term debt reduction plan, i think our economy's going to take off. >> i want to get into foreign policy now. you are the three amigos, the experts in this genre. i want to talk about the middle east exploding that you've hinted at and also benghazi and susan rice, which i know is a favorite subject of yours
speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pressure on both sides. danielle nottingham, cbs 5. >>> lawyers
boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers tried pay them less than $3 a pound. the strike meant there was little fresh dungeness left in stores and resta
speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies but you're also economic leaders and thought leaders in this country and i recognize that all of you have an enormous investment not only in your own companies but in the well-being of america. there are a lot of patriots in this room and people who care deeply about not only your bot
and spending cuts. john boehner says he still has serious differences with the president after they exchanged new counteroffers apparently and talked on the phone last night. now some house republicans are vowing to work through the holidays to get the deal done. ed henry is live at the white house. that's a motivator i suppose, lose your christmas. >> normally when there is a holiday like that, you're right. this forces them to come to the table. right now they are still pretty far apart. there was a phone call you last night between the president and the speaker. officials on both sides telling me tonight the call was pretty tense because the bottom line is they are still not finding common ground. you listen to the speaker today, jay carney from the white house podium, they're still saying that they're farther apart on both spending cuts and tax increases. take a listen. >> mainly tax hikes. and as planned is it not begin to solve our debt crisis. it actually increases spending. >> closing loopholes that they will not name or capping deduction, that they will not specify sometime in the fu
the speaker of the house john boehner is talking about. he offered president obama, we'll close the tax loop holes. is that what he's talking about? >> that's what he's talking about . they will save a lot of money. but when we hear information like this, it is tough for people to get perspective and understand what is going to take place . we hear head leans and think close tax loop holes and they are confusing. but the american people needs to know, if loop holes will close. it is not just google. it is amazon and general electric. all of these companies use the loop holes because they are judged on profitability. we'll continue to see this unless we change. >> gretchen: these universitis and companis and have given to different administrations. this is the obama 2012 campaign. university of the california a million. microsoft 761,000 . google 737,000. et cetera and what do they get in return, ed, for giving that money. >> they usually get to bring attention to this andcontinue to do it in a vacume. the president could say . we have a problem. google avoided paying taxs and we need to chan
the pharmacy counter. no prescription needed. >>> president obama picking up the phone to give john boehner a call after both traded fiscal cliff proposals. neither sealed a deal, so we're now 20 days away from almost $500 billion this automatic tax hikes and spending cuts. i sound like a broken record. along with the potential for a new recession. shannon travis is following the deal make. do we know what was in the proposals? >> we're getting details in drips and drabs. the white house has offered according to a source telling cnn to basically revise their revenue target. p president obama originally proposed $1.6 trillion in new revenue. he wants to raise the tax rates on the wealthiest americans. now we're being told that he's revised that number down to $1.4 trillion. that's obviously a difference of $200 billion. a democratic aide also telling cnn, i'll read the quote, that offer was coupled with a serious spending cut number with real entitlement reform. so that's from the white house side. on the counterproposal from the republicans, we don't have a lot of details on that, but from
. this is fresh on the heels of his first private meeting with johnn boehner on the fiscal cliff subject. they met in the white house to discuss the differing plans and the communication lines between the two remain open. that could be a positive look since we are just three weeks away from the fiscal cliff. >> brian: we know nothing about what happened. >> gretchen: it is great. you get both sides saying he said this and she said. in this case both hings. we are hearing from the two men. when taxpayer money paid for bowles and simpson to come together to try to figure out what to do with the debsituation. that's what they came up with . a republican and democrat and sat together and this is the way washington was set up to work. theirr findings were ignored by the president and other members of congress . now they are speaking out. listen closely to the first sound bite. this is bowles, a democrat talking about the need for spending cuts. >> most important thing if we are going to raise ref new and raise it in any form we darn well better cut spending it is the biggest part of the problem . the b
copyright national cable satellite corp. 2012] speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip limited to five minutes each, but in no event shall debate continue beyond 11:50 a.m. the chair recognizes the gentleman from oregon, mr. blumenauer, for five minutes. mr. blumenauer: thank you, mr. speaker. it's difficult to focus on the task at hand in the aftermath of a shooting rampage in my district yesterday. with at least 10,000 people in a shopping mall, a young man allegedly and some eyewitnesses with body armor and semi-automatic weapon discharged 60 shots or more. there were two people killed and a young 15-year-old girl seriously wounded. mr. speaker, one is ha
with speaker boehner this evening. encouraging sign and as you pointed out, president obama as well showing some optimism that in fact a deal will get done. the few details we do know, according to sources, is that this new offer from the white house had $1.4 trillion in revenue. that's down from the $1.6 in the original offer and also, according to sources, deals with real entitlement reform, but the one sticking point we're told by democratic sources, remains and that is they won't budge on upper income americans paying more in taxes. the president believing that middle class americans should get relief but not upper income americans. >> okay. dan lothian, keep working the sources. thanks for getting that to us. i want to bring in john avlon and rahaim salan to talk this over. i don't know if we can call this momentum, serious momentum, especially since we are getting rhetoric, too. >> a little sad we get this excited to find out people are actually talking to each other in washington. but it's a reality check, sign of the times. it's always better when the two top men who got to make the
. >> reporter: aides to president obama and speaker boehner met yesterday afternoon. but that meeting ended with no discernible signs of progress. rob and paula? >> thanks, tahman. >>> once the numbers are all tallied, they're going to show that the 2012 presidential election was the most expensive in history. campaign finance statements put the total cost at well above $2 billion. virtually split down the middle between president obama and mitt romney. that includes nearly $86 million raised by romney during the election's final weeks. >>> and someone who has apparently run his last senate campaign is conservative republican jim demint. he announced yesterday he is leaving the senate on january 1st in order to leave a conse e conservative thinktank. whoever is chosen to lead the south carolina governor, a special election in 2014 to finish out his term. >>> a new twist in the very bizarre case of software pioneer john mcafee. the former fugitive is waking up in a detention cell in guatemala this morning, one day after being hospitalized. mcafee told abc news he suffered chest pains and th
and outside game. right now, they and their supporters are showing us only outside game. john boehner says the president is not serious about putting -- cutting spending. >> we're waiting for the white house to identify what cuts of president is willingóñ'÷ to make as part of the approach that he promised. pelosi challenging republicans to extend tax cuts for middle class. >> we've been calling upon the speaker to bring forth middle income tax cut now for a long time. in fact, since last summer. >> the white house pushed back pointing to the 250 page budget. >> it's the issue is where are your proposals i think we've answer that had question in full.)zqxÑ >> to which they responded that if the president gets what he wants he's putting the country a trillion in debt. >> it's something we cannot let him to do owe our count zpri our children. >> look closely. the place is empty no. members of congress. the talk intended only for the public. part of the outside game in jj top level staffers having conversations, wrapping ideas. >> the professor says the feeling tonight is that inside game
that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wondering where are all the workers? black bear diner is set to open a restaurant in emeryville next month. the owners have been holding job fairs to fill the more than 100 positions. but so far, they say, the turnout has been unexpectedly low. >> totally different response than what we expected and like i sad, just what we hear in the news about the unemployment rate and all the stories are going
. >> yes. we heard speaker boehner called the president this evening to make a counter offer to the president's latest offer, when abc 7 news at 4:00 we talked about inside game@ú4d versus the outside gam. the out side game is played for leverage. inside is where real negotiations are taking place. >> in okay gress the american people have be scratching their heads and wondering when is the president going to get serious? >> democratic leader took the floor. >> he said he's willing to make some changes but it's important that any changes not hurt the middle class. >> the post you'ring went on this morning with only a rare glimpse the house of rep stifz empty. except for the speakers. this is the outside game talk consummation. >> it's just about post you'ring to get public opinion on your side as a leverage. >> we saw a little of that yesterday in the bay area with rallies organized by move on and labor unions calling on the president to stand firm against cuts to social security and medicare. as our abc 7 news political analyst explains inside game is taking place behind cl
and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it mean to be recognized by the u.s.? "the u.s. administration has big influence globally" he told us. "a ste
a pleasant hill mailbox on friday. >>> president obama and house speaker john boehner spoke on the phone this evening to discuss the latest proposals how to avoid the looming fiscal cliff. both sides are feeling the pressure from the nation's top corporate executives. 150 ceos including the heads of boing, honeywell and general electric. they're urging a compromise that includes increased revenue even if it means raising tax rates. more de tails now according to the non-partisan tax foundation the average family of four in the bay area would pay about $74 hun more in taxes if there is no deal on the fiscal cliff. that is a tad lower in san jose. if democrats and republicans don't reach an agreement by the end of this year. >>> on wall street stocks rose for a fifth consecutive day. the dow industrial gained 78 points, nasdaq gained 35 led by apple's 2% gain. >>> some immigrant students could soon have their dreams of a college education become reality thanks to a big gift to uc berkeley. today uc berkeley announced a $1 million gift to provide scholarships for low-income, undocumented st
an extremist future for that war-torn country. >>> the president and house speaker john boehner taking small steps to avoid the fiscal cliff. they spoke by phone again last night. but still doesn't appear to be any closer to a deal. >>> the governor of michigan has signed that controversial, new law which limits the influence of organized labor in the state. hundreds of union workers had protested the legislation ahead of the governor's action. michigan joins 23 other states with so-called right-to-work laws. those laws ban requirements that nonunion employees pay union dues for negotiating contracts and other services. >>> well, drug smugglers have found a pretty creative new way to get contraband into the u.s. they use a gas-powered canon to shoot dozens of cans of marijuana across the mexican border into arizona. unfortunately for them, border patrol agents got to the drugs before their buddies. they picked up 85 pounds of pot. in all, worth more than 40,000 bucks on the streets. >> they're resourceful, to say the least. >> yep. >>> time, now, for the weather from across the nation. anoth
boehner talked on the phone last night. the white house lowered the amount of revenue it wants to generate from taxes. republicans say they are still waiting to hear from the president about spending cuts. >>> today the federal reserve is expected to announce a revamped bond buying plan to help boost the economy. the fed's goal is to keep interest rates low and encourage individuals and companies to borrow and spend. experts say that could at least soften the blow from tax increases and spending cuts that will all kick in next month if they don't reach a budget deal. >>> a san francisco-based bank loses its top spot as far as keeping its customers happy. wells fargo has slipped to second place behind jpmorgan chase when it comes to customer satisfaction among big banks. it's the first time in a decade that wells fargo has not ranked number one in the american customer satisfaction index. bank of america's rating is also down to a ten-year low. >>> facebook is number one on a new list of the best places to work in the united states. the survey from glass door also says facebook is tied with
.4 trillion and house speaker john boehner offered a counterproposal yesterday. >>> gas prices keep falling here in the bay area and san francisco drivers are paying $3 and it's down 2 cents from yesterday. santa rosa drivers you are paying $3.55 per gallon and prices have dropped in the past 2:00 few months. and after that big fire in richmond, there was another scare out there and coming up, the flair that occurred and why the company said, well, it is nothing to worry about. >>> time to check back in with sal in the morning commutes, sal, how is it going? >> you may need the it, we want to show you southbound in oakland, it is a little bit slower than normal and we have not had a lot of crashes, just a little fender-benders and traffic is going to be a little bit busier and we have a 20 print delay -- 20 minute delay. this morning if you are driving on the peninsular, a lot of people are trying to get to the airport, you can use 101 and southbound 880 traffic is busy as you drive to the area and they are beginning to slow at the 280 interchange. >> some scattered rain over us and really
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